# Big Sky Industrial Inc.: overview

BSIN · Nasdaq · CIK 101594 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/bsin.md) · [Financials](/companies/bsin/financials.md) · [Filings](/companies/bsin/filings.md) · [Insiders](/companies/bsin/insiders.md)

Latest reported revenue: [$2.1m](/filings/0001437749-26-026861.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 11, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001437749-26-026861).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [4,957](/filings/0001437749-25-034241.md) | [4,225 d](/filings/0001437749-26-008057.md) | [2,193](/filings/0001437749-26-015350.md) | [2,028](/filings/0001437749-26-026861.md) | [1,738](/filings/0001437749-25-034241.md) | [1,394 d](/filings/0001437749-26-008057.md) | [1,604](/filings/0001437749-26-015350.md) | [2,134](/filings/0001437749-26-026861.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(83.8%)](/filings/0001437749-25-034241.md) | [(278.9%) d](/filings/0001437749-26-008057.md) | [(140.8%)](/filings/0001437749-26-015350.md) | [(307.6%)](/filings/0001437749-26-026861.md) | [(194.4%)](/filings/0001437749-25-034241.md) | [(118.7%) d](/filings/0001437749-26-008057.md) | [(196.0%)](/filings/0001437749-26-015350.md) | [(111.8%)](/filings/0001437749-26-026861.md) |
| Net margin | % | [(45.3%)](/filings/0001437749-25-034241.md) | [(281.1%) d](/filings/0001437749-26-008057.md) | [(141.9%)](/filings/0001437749-26-026861.md) | [(298.7%)](/filings/0001437749-26-026861.md) | [(192.2%)](/filings/0001437749-25-034241.md) | [(133.7%) d](/filings/0001437749-26-008057.md) | [(198.6%)](/filings/0001437749-26-026861.md) | [(106.8%)](/filings/0001437749-26-026861.md) |
| Diluted EPS | $ per share | [(0.08)](/filings/0001437749-24-034310.md) | not reported | not reported | [(0.19)](/filings/0001437749-25-026032.md) | not reported | not reported | not reported | not reported |
| Free cash flow | $k | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [6.7](/filings/0001493152-23-012144.md) | [44.6](/filings/0001437749-24-009440.md) | [32.3](/filings/0001437749-25-007375.md) | [20.6](/filings/0001437749-26-008057.md) | [7.4](/filings/0001437749-26-008057.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(21.6%)](/filings/0001493152-23-012144.md) | [7.9%](/filings/0001437749-24-009440.md) | [(108.4%)](/filings/0001437749-25-007375.md) | [(124.5%)](/filings/0001437749-26-008057.md) | [(195.3%)](/filings/0001437749-26-008057.md) |
| Net margin | % | [(26.6%)](/filings/0001493152-23-012144.md) | [(2.2%)](/filings/0001437749-24-009440.md) | [(100.1%)](/filings/0001437749-25-007375.md) | [(124.3%)](/filings/0001437749-26-008057.md) | [(195.5%)](/filings/0001437749-26-008057.md) |
| Diluted EPS | $ per share | [(0.39)](/filings/0001493152-23-012144.md) | [(0.04)](/filings/0001437749-24-009440.md) | [(1.28)](/filings/0001437749-25-007375.md) | [(0.96)](/filings/0001437749-26-008057.md) | [(0.43)](/filings/0001437749-26-008057.md) |
| Free cash flow | $m | [(0.3)](/filings/0001493152-23-012144.md) | [10.5](/filings/0001437749-24-009440.md) | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/bsin/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Steamboat Capital Partners, LLC](/funds/1635663.md) | 2026-06-30 | $2.8m | 2,512,075 |  | New +2,512,075 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $1.4m | 1,283,243 |  | Added +722,236 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $1.0m | 917,759 |  | New +917,759 |
| [Ancora Advisors LLC](/funds/1446114.md) | 2026-06-30 | $461.7k | 419,686 |  | New +419,686 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $445.8k | 405,272 |  | Added +181,619 |
| [XTX Topco Ltd](/funds/1828301.md) | 2026-06-30 | $404.5k | 367,720 |  | Added +354,564 |
| [Kestra Advisory Services, LLC](/funds/1830819.md) | 2026-06-30 | $268.9k | 244,500 |  | New +244,500 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $196.0k | 178,213 |  | Added +126,954 |
| [PEAK6 LLC](/funds/1389958.md) | 2026-06-30 | $192.5k | 175,000 |  | Reduced −25,000 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $186.7k | 169,771 |  | Reduced −312,555 |

## Recent filings

[All 907 filings](/companies/bsin/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-11 | 08:01 ET | [8-K](/filings/0001437749-26-026862.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-026862 |
| 2026-08-11 | 08:00 ET | [10-Q](/filings/0001437749-26-026861.md) | Quarterly report, period 2026-06-30 | 0001437749-26-026861 |
| 2026-06-04 | 07:00 ET | [8-K](/filings/0001437749-26-019474.md) | 5.03 Amendment to articles or bylaws; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001437749-26-019474 |
| 2026-05-15 | 16:16 ET | [8-K/A](/filings/0001437749-26-017381.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results | 0001437749-26-017381 |
| 2026-05-08 | 16:06 ET | [8-K](/filings/0001437749-26-015898.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results | 0001437749-26-015898 |
| 2026-05-07 | 07:01 ET | [8-K](/filings/0001437749-26-015351.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-015351 |
| 2026-05-07 | 07:00 ET | [10-Q](/filings/0001437749-26-015350.md) | Quarterly report, period 2026-03-31 | 0001437749-26-015350 |
| 2026-05-01 | 17:53 ET | [SCHEDULE 13D/A](/filings/0001437749-26-014517.md) | Ownership report, active investor, amended | 0001437749-26-014517 |
| 2026-04-27 | 07:00 ET | [8-K](/filings/0001437749-26-013368.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001437749-26-013368 |
| 2026-04-20 | 07:00 ET | [8-K](/filings/0001437749-26-012760.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001437749-26-012760 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001437749-26-008057.md), filed Mar 13, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/35f49346-2f56-4de9-b293-f7659aa2e428)

## About the filer

- CIK: 101594
- Tickers: BSIN
- Exchange: Nasdaq
- SIC code: 1311 Crude Petroleum & Natural Gas
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:21 ET. No prices; not investment advice.
